Jim. In this market, if you have a solid Realtor AND a solid mortgage broker working for you, you can come away with a very nice deal. I just negotiated a loan for my friend in Plainfield. The home was listed (and appraised) at 260k. I got him a purchase price of 245k with 3% down and 3% closing costs concessions. (FHA Loan) He ended up coming to the table with nothing but his Drivers License. No Money. Call me.
Quality Mortgage Lending